IT titans lose lakhs of crores as Anthropic soars; time to bet on domestic players?

Sharad Avasthi, Head of Research (PCG) at SMIFS, in an interaction with Business Today, said, "I think this is a very good opportunity to get into IT stocks. I'm not saying this is the bottom -- there could be some more pain. But if you look at valuation comfort at current prices, the levels appear quite reasonable across the board."